Different method of Outliers Detection

Outlier is a data point that is significantly different from the other data points in a sample. Outliers can occur for a variety of reasons, such as errors in measurement or recording, or they can be the result of natural variation in the data. Outliers can have a significant effect on the statistical properties of […]

Monte Carlo Simulations in R

Monte Carlo Simulations What is Monte Carlo Simulations? One of the main motivations to switch from spreadsheet-type tools (such as Microsoft Excel) to a program like R is for simulation modeling. R allows us to repeat the same (potentially complex and detailed) calculations with different random values over and over again. Within the same software, […]

Polynomial Regression Model in R

Polynomial Regression Curve fitting or curve-linear regression are additional words for the same thing. It is used when a scatterplot shows a non-linear relationship. It’s most typically employed with time series data, but it can be applied to a variety of other situations. Let’s use the Nepal Covid data and fit a polynomial models on […]

Scroll to top
Subscribe to our Newsletter

Hello surfer, thank you for being here. We are as excited as you are to share what we know about data. Please subscribe to our newsletter for weekly data blogs and many more. If you’ve already done it, please close this popup.

No, thank you. I do not want.
100% secure.